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2023-07-17 12:10:55 ET Goldman Sachs reiterated its Buy rating on Baidu ( NASDAQ: BIDU ) and has added the company to its Regional Conviction Buy list with revised 12-month target prices of US$197/HK$193 per share. Goldman analysts noted that they view Baidu as one of the best p...
2023-07-17 05:04:47 ET The UN Security Council will hold its first formal talks on Artificial Intelligence (AI) in New York this week, with the U.K. to call for an international dialogue about its impact on global peace and security, Reuters reported. Governments globally are mulling ho...
2023-07-16 11:29:50 ET Summary NetEase, a Chinese tech company, has promising future prospects in various sectors including gaming, e-commerce, and online education, but faces regulatory risks and intense competition from major players. The company has seen strong revenue and earn...
2023-07-15 10:43:42 ET China has become one of the first nations to regulate the technology that drives well-known services like ChatGPT, having published new regulations for generative artificial intelligence (AI) . This followed Elon Musk’s Wednesday announcement about ...
2023-07-13 11:22:23 ET Daiwa cut Baidu's ( NASDAQ: BIDU ) target price and earnings forecast for 2023, to reflect the Chinese interent serach giant's increasing investments in developing its ChatGPT-like model. The firm reduced Baidu's price target to HK$183 from HK$186 and...
2023-07-13 09:46:16 ET China has published interim measures for managing generative Artificial Intelligence ((gen AI)) services which will go into effect Aug. 15. The Cyberspace Administration of China (CAC) noted that industry organizations, enterprises, and relevant professional insti...
2023-07-13 06:05:58 ET Google launched its chatbot Bard in Europe and Brazil and said that the artificial intelligence (AI) tool can now be interacted with in over 40 languages, and includes new features such as using images in chat. Google, a unit of Alphabet ( NASDAQ: GOOG ...
2023-07-12 10:00:00 ET Summary Alibaba Group is undergoing significant restructuring, with close associates of co-founder Jack Ma returning to leadership roles and Daniel Zhang leading the cloud intelligence division. Alibaba needs to leverage its momentum in generative AI to bols...
2023-07-12 08:33:54 ET China's Premier Li Qiang met with executives from internet companies including Alibaba ( NYSE: BABA ) and JD.com ( NASDAQ: JD ), urging local governments to provide more help, signalling that Chinese government is ending its crackdown on the indus...
2023-07-12 04:55:42 ET Indian tech services provider Wipro ( NYSE: WIT ) plans to spend $1B to advance AI capabilities over the next three years. The company made the announcement along with the launch of Wipro ai360 — an AI-first innovation ecosystem in which capabi...
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Baidu to Report Second Quarter 2024 Financial Results on Aug 22, 2024 PR Newswire BEIJING , July 17, 2024 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with stron...
2024-07-15 16:35:00 ET Shares of Chinese tech stocks Alibaba (NYSE: BABA) , Baidu (NASDAQ: BIDU) , and JD.com (NASDAQ: JD) fell on Monday, down 2%, 5.9%, and 5.3%, respectively, in Monday's trading session. The downdraft in China-oriented consumer tech names appe...